But people split coins between lots of addresses. How are these estimates even close?
Discussion
EXACTLY.
THE NUMBERS ABOVE ARE UPPER BOUNDS.
SINCE PEOPLE OFTEN USE MULTIPLE ADDRESSES THE REAL NUMBERS ARE MUCH LOWER.
But people split coins between lots of addresses. How are these estimates even close?
EXACTLY.
THE NUMBERS ABOVE ARE UPPER BOUNDS.
SINCE PEOPLE OFTEN USE MULTIPLE ADDRESSES THE REAL NUMBERS ARE MUCH LOWER.